CreatorDAO, a decentralized organization that provides financial and technological support to authorsraised $20 million in a seed funding round. This is stated in the press release.
The round was led by venture capital funds a16z andInitialized Capital. Other investors include 2 Ventures, M13, Audacious Ventures, 6th Man Ventures, Abstract Ventures, SV Angel, as well as Paris Hilton and The Chainsmokers duo.
CreatorDAO invests in creators in exchange for a percentage of their future earnings.
Recall that the amount of funding for blockchain startups in January-June 2022 amounted to $30.3 billion.
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